Heres the latest on FHA appraisers! If you're using ONLY a state licensed FHA appraiser, think twice! FHA believes they do not have the experience necessary to be on the FHA roster any longer!
As a State Certified FHA Appraiser, who has been on the FHA Roster longer than most appraisers have been in business, you're taking a risk that's not necessary. Use the best, call me!
Craig A. Nordal @760-612-4154 or order that FHA appraisal or estate or divorce appraisal on line at NordalAppraisal.com!
Effective October 1, 2008, FHA will accept new applications only from state-certified appraisers.
No new applications will be accepted from state-licensed appraisers as a result of the Housing and Economic Recovery Act of 2008, signed July 30, 2008.
FHA will issue a mortgagee letter in the next couple of weeks that will address additional requirements mandated by the new law.
All HUD policy documents and forms are available in HUDclips. The shortcut is www.hud.gov/hudclips.
Effective immediately, licensed appraisers who were approved for placement on the FHA appraiser roster, but who have not kept their roster status current due to the failure to renew an appraisal license, sanctioning or other constraints, and who are now requesting reinstatement to the roster will be treated like new applicants (see "What's New") and, therefore, are NOT ELIGIBLE for reinstatement. Only certified appraisers may request and receive reinstatement on the FHA appraiser roster.